As a gambler do you have a potential winning amount limit?

[Eureka_07]

<snip>

Odds is one of the most significant factor that a gambler should consider before placing any bet, as they directly affect the potential winnings. Many gamblers mistakenly view gambling as a reliable source of income. However, it's essential to understand that casinos were created for operators to generate income from users' losses, making it challenging to consistently beat them. While it's true that if luck consistently favors you, you might enjoy great profits, relying solely on luck can lead to financial ruin before you even experience the desired winning streak. That's why it is crucial to think rationally and stay disciplined while playing.

[alastantiger]

Whatever your category the bottom line is that we all gamble to make money though some group claim it's mainly for fun. But who would want to be losing money all in the idea of catching fun!

Nobody gambles solely for fun. Even if it was free they'll always have it at the back of their minds to some something even if it is a $1. I guess that's how humans are wired. And even if we claim to gamble for fun, it hurts us a little when we lose.

My main focus on this thread is in this question: as a gambler do you place your bet according to the weight of your financial need or you're always okay with whatever amount that comes out as potential win no matter how small amount?

If I am being totally straightforward with my answer, I do it sometimes with the potential outcome in mind. At one point it, it is subconscious at another time, it is intentional mostly when I have a pressing need that only money can solve.

[Helena Yu]

Odds is one of the most significant factor that a gambler should consider before placing any bet, as they directly affect the potential winnings. Many gamblers mistakenly view gambling as a reliable source of income. However, it's essential to understand that casinos were created for operators to generate income from users' losses, making it challenging to consistently beat them. While it's true that if luck consistently favors you, you might enjoy great profits, relying solely on luck can lead to financial ruin before you even experience the desired winning streak. That's why it is crucial to think rationally and stay disciplined while playing.

When a gambler consider sports betting as a reliable source of income, they must be a high roller who are bet on favorite player or team where the odds is mostly @1.01 to @1.20. There's no way for them to bet on a likely player or team will win by taking risk to lose for getting higher odds.

However not all favorite player or team will always win, those bettor just need to wait until such thing happen to know if gambling can't be a reliable source of income.

[retreat]

I have heard and read about people gambling because they had no source of income,  a job or they wanted to add gambling as part of their streams of income. Whatever your category the bottom line is that we all gamble to make money though some group claim it's mainly for fun. But who would want to be losing money all in the idea of catching fun!
-snip-

I'm not the type of person who gambles without financial planning, of course I have calculated the funds for my gambling activities every month and set limits for that, if I keep losing and it doesn't match the calculations, I will stop. As simple as that. I will not force myself to play continuously and make my needs depend on gambling, because gambling should be considered as entertainment not a source of income. You should have a main job to be able to support your life, don't depend on gambling.

[Cookdata]

I have heard and read about people gambling because they had no source of income,  a job or they wanted to add gambling as part of their streams of income. Whatever your category the bottom line is that we all gamble to make money though some group claim it's mainly for fun. But who would want to be losing money all in the idea of catching fun!

There are gamblers that don't place their bet not until they have gotten a certain amount as their potential win. Some do this based on their financial challenge with the anticipation that just one win they may get on such amount is a life changer for them.

My main focus on this thread is in this question: as a gambler do you place your bet according to the weight of your financial need or you're always okay with whatever amount that comes out as potential win no matter how small amount?

Seems like a gambler that is trying to pass through a high level of financial difficulty, gambling to have a particular amount will lead to knowing where than consistent losses that will frustrate the living out of your miserable life and you will wonder if the gambling is for you to quit or to continue. I base my gambling base on any available event that I'm sure about and if I had the idea or not and then I place my bet based on how I feel the outcome will be, and how the performance maybe, you know betting doesn't require people to win, you can bet on them to lose.

Anytime I see people with plenty of events and games, I ask myself if they have the magic to turn things around because having multiple games combined, a single loss of a match can ruin an entire ticket which can be very painful, just imagine having 25 matches with a total of 200 odds and you have all of them as win or draw(X1) and then first 20 went as predicted and then the last one of the matches played to win but it was as X2, that ticket is done for real and you have just wasted 20 with maybe 150 odds good games that will give you something instead of been greedy for a large odd that will fetch you money that will never come.

[goldkingcoiner]

I have heard and read about people gambling because they had no source of income,  a job or they wanted to add gambling as part of their streams of income. Whatever your category the bottom line is that we all gamble to make money though some group claim it's mainly for fun. But who would want to be losing money all in the idea of catching fun!

There are gamblers that don't place their bet not until they have gotten a certain amount as their potential win. Some do this based on their financial challenge with the anticipation that just one win they may get on such amount is a life changer for them.

My main focus on this thread is in this question: as a gambler do you place your bet according to the weight of your financial need or you're always okay with whatever amount that comes out as potential win no matter how small amount?

You should go into a casino without any kind of "need" as a goal in your mind. If you have financial troubles then you need a job, not blackjack. Gambling will not make your financial situation any easier. It might. But it probably won't.

I tend to not gamble any winnings. Otherwise losing everything is only a matter of time. Mathematically true due to the casinos having a house edge.

My open secret is to create a financial plan for your gambling activities decide on how much money/week you want to use for gambling and stick to that amount of money. No more. It might be hard to do something like that after years of having no gambling discipline but eventually you discover the right rhythm and restraint that you need in your life.

For me its 10% of income savings. Although you can make your own strategy that works best for you.

[Dr.Bitcoin_Strange]

Whatever your category the bottom line is that we all gamble to make money though some group claim it's mainly for fun. But who would want to be losing money all in the idea of catching fun!

@OP, You cannot just draw such a conclusion; there are people who are gambling not because they want to make money but because that's what they enjoy doing and that's what gives them fun. I have heard of a dude who doesn't gamble with more than $5 in a day, and it happens that he doesn't even normally win, but he just comes to the casino, catches his fun, and heads back home. Everybody is not like you have described. Even in some real-life street games, you will still see some rich dudes casting bets, for which all the cash flow is just to make the fun more interesting.
Gambling is for fun, and the money that is won or lost makes gambling fun. It's only left for the gambler to decide whether to use gambling as a means of earning, having fun, or losing money. In my college days, I once pictured gambling as some kind of side hustle, but that is not so with me any more. These days, I just gamble because I feel that my desire should be satisfied and not because I want to make money

There are gamblers that don't place their bet not until they have gotten a certain amount as their potential win. Some do this based on their financial challenge with the anticipation that just one win they may get on such amount is a life changer for them.

Do I? nop! I don't. I don't even look out for a big win because I believe that when your games will likely get burst.

[coolcoinz]

I don't agree with OP that we all gamble to make money. I sure do that, but there are people much wealthier than me who gamble strictly for fun. You can't possibly think that when millionaires gamble they're focused on the money. It's just a way to have fun for them and throwing away some money is nothing to them. They throw money away on expensive food and clothes, so they can as well do that at the casino.

I usually set limits for myself by sending only small amounts of money to my casino accounts. As far as the win goes, I'm fine with taking 2x any day.

[mindrust]

My main focus on this thread is in this question: as a gambler do you place your bet according to the weight of your financial need or you're always okay with whatever amount that comes out as potential win no matter how small amount?

I always think about the amount I will potentially lose first. I don't think about my potential profits. Because thinking about profits stimulates my greed and greed is the mother of all fuck-ups. When I think about my losses, I can limit my max. bet amount and when I do that, I automatically limit my potential losses and my problem solves itself that way.

If you think about your "potential" profits too much, it will make you wager more and more. Then when you get an unlucky streak going, you will lose a lot of money. I don't need that.

[DaNNy001]

I don't agree with OP that we all gamble to make money. I sure do that, but there are people much wealthier than me who gamble strictly for fun. You can't possibly think that when millionaires gamble they're focused on the money. It's just a way to have fun for them and throwing away some money is nothing to them. They throw money away on expensive food and clothes, so they can as well do that at the casino.

I usually set limits for myself by sending only small amounts of money to my casino accounts. As far as the win goes, I'm fine with taking 2x any day.

I would agree that most people especially rich guys don't gamble because of the cash they feel they would get from their stakes as they clearly do it for pleasure and fun purpose because they already have the money so betting on games is actually just a show piece or should I call self entertainment and example would be the famous singer betting on Argentina to win the world cup finals with millions of dollars just for pleasure sake and there are many times in which he has bet on boxing and MMA fighters too and he does all this for his entertainment.

[Fatunad]

I don't agree with OP that we all gamble to make money. I sure do that, but there are people much wealthier than me who gamble strictly for fun. You can't possibly think that when millionaires gamble they're focused on the money. It's just a way to have fun for them and throwing away some money is nothing to them. They throw money away on expensive food and clothes, so they can as well do that at the casino.

I usually set limits for myself by sending only small amounts of money to my casino accounts. As far as the win goes, I'm fine with taking 2x any day.

I would agree that most people especially rich guys don't gamble because of the cash they feel they would get from their stakes as they clearly do it for pleasure and fun purpose because they already have the money so betting on games is actually just a show piece or should I call self entertainment and example would be the famous singer betting on Argentina to win the world cup finals with millions of dollars just for pleasure sake and there are many times in which he has bet on boxing and MMA fighters too and he does all this for his entertainment.

If you are rich and having the money to play gambling then aims and impressions towards gambling then it would really be varying on each person because some would really be playing for fun and some would
really be definitely be aiming for more money and since you are really that having the funds on doing so then it wont really be that a problem at all. Potential limit? Most of the time there's no such  thing
about limits because when it comes to this one then majority of us would really be stopping on the time that we cant really be able to make bets or having that no money in our pockets.
For me then i do always limit out my spending on which there's a specific money or budget for us to play and wont really be going overboard or something that would be passing to that limit
which its a must thing to be done in the first place.

[Sandra_hakeem]

If I'm speaking from a gambler's point of view, I'll say that every gambler usually have an essence of every speculations they make, and that's predetermined by how much they wanna make at the end of the day...
For me, I'll say everybody wants money - even though you wanna pretend not to demand too much, they'll always be every tendency that you either stake high, or select more games with a smaller stake to to win bigger.
P/s: lemme bring this in....I don't also believe that staking high can catalyse/ guarantee the process of winning big.. it could have something to do with games that get validated with a single lose though.

Sandra 🧑‍🦰

[Casdinyard]

I have heard and read about people gambling because they had no source of income,  a job or they wanted to add gambling as part of their streams of income. Whatever your category the bottom line is that we all gamble to make money though some group claim it's mainly for fun. But who would want to be losing money all in the idea of catching fun!

There are gamblers that don't place their bet not until they have gotten a certain amount as their potential win. Some do this based on their financial challenge with the anticipation that just one win they may get on such amount is a life changer for them.

My main focus on this thread is in this question: as a gambler do you place your bet according to the weight of your financial need or you're always okay with whatever amount that comes out as potential win no matter how small amount?

First off, being financially challenged should've been a cue for people to not gamble anymore. The fact that they are risking losing more money than they can ever earn in exchange for a low prospect of winning more money to solve their problems may work sometimes, but mostly it just drives you to even more financial trouble. Gambling should be done with one thing only in mind which is for entertainment. The moment you start looking at gambling differently, problems will arise and you'd find that you'll lose more money than you can ever work with. I thought this threads for protecting your wins and funds but apparently people have other ideas in mind when you say potential winning amount limit.

[kawetsriyanto]

I have heard and read about people gambling because they had no source of income,  a job or they wanted to add gambling as part of their streams of income.

How they gamble if they have no source of income? You must know that you need money to gamble, gambling isn't for free.

Anyway, it is quite strange if there are people who rely on gambling for their source of income. Everyone understands that the chance to win is rather small, that's why some people gamble for fun only. How we rely on gambling for the source of income if we rarely win the prizes? It is simply not reasonable. So, you need to look for a job in real life for the source of income.

[harizen]

My main focus on this thread is in this question: as a gambler do you place your bet according to the weight of your financial need or you're always okay with whatever amount that comes out as potential win no matter how small amount?

I believed having such a type of goal why I do gambling is just a distraction.

I'd rather focus on how to win regardless of the reason I do gambling. I like my gambling experience not too technical and deep. I simply do gamble as I do want to win. I don't want any pressure that will affect my purpose of winning in gambling.

We can be serious about gambling without thinking too much. Besides, why do gambling if the goal is to make it as source of income?

Go found a real job instead.

[gabbie2010]

My main focus on this thread is in this question: as a gambler do you place your bet according to the weight of your financial need or you're always okay with whatever amount that comes out as potential win no matter how small amount?

Whatever the result of my bet, I’ll still be happy since I do gamble not for the profit and its just for an entertainment although there are times that I bet because for me its a sure win for the team and winning can also happen to me. There’s no limit, as long as my budget is still available and there’s still a chance to have a win, then why not.

Honestly I don't gamble while expecting a life changing win because I knew the chances of winning such a massive bet is very slim, rather I bet to win small amount of money based on my odds which is usually in the range of 3.0 to 4.0 winning such a bet consistently is enough for me to pay my bills, accumulation of massive odds in anticipation of winning huge sum of money comes with a very big risk with reference to soccer betting, a loss in any of the games picked renders the whole bet as loss so I am very contended with whatever amount of money won per bet and move on for a new opportunity because slow and steady wins a race.

[makishart]

I have heard and read about people gambling because they had no source of income,  a job or they wanted to add gambling as part of their streams of income. Whatever your category the bottom line is that we all gamble to make money though some group claim it's mainly for fun. But who would want to be losing money all in the idea of catching fun!

Some people were feeling no problem losing in the gambling as they were only wagering small amounts of money. IMO, if mostly if gamblers were doing gambling caused by they wanna make money as much as they can instantly through gambling. You can imagine once you will be able to double your money in seconds or minutes. Where the heck people got money for gambling if they have no source of income? It doesn't make sense.

There are gamblers that don't place their bet not until they have gotten a certain amount as their potential win. Some do this based on their financial challenge with the anticipation that just one win they may get on such amount is a life changer for them.

There are people who have this mindset but it's not a lot.

My main focus on this thread is in this question: as a gambler do you place your bet according to the weight of your financial need or you're always okay with whatever amount that comes out as potential win no matter how small amount?

Yes i do. Placed based on how good or bad my financial. that's it. Small amounts doesn't matter as long as it would not be disrupting my financial management. How much profit didn't matter as long as you won the game and you were a winner.

[dothebeats]

I am satisfied with a 1.5x return. Anything more than that is just a bonus, and I don't usually chase for something bigger than what I'm usually happy at. It saves me the anxiety, stress, and headaches in winning that much. Also, the more you chase bigger returns, the larger the risks are and the easier it is for you to lose a lot of your money. Better be safe and contented with little gains rather than risk it all in higher ones.

[n0ne]

I used to have such mindset at times. In that occasion I need to see little winning added to the previous balance. Even $1 added to the balance makes me happy as the previous balance will be around $30. However this doesn't happen all the time. Being unlucky the balance keeps falling and at some point the mind wants back what is available in the wallet. Here we start risking to go behind the losses and the same empties the wallet. Setting potential win amount is always risky in my view, but the mind always prefer those kind of practice.

[uneng]

My main focus on this thread is in this question: as a gambler do you place your bet according to the weight of your financial need or you're always okay with whatever amount that comes out as potential win no matter how small amount?

I already placed bets based on my financial needs before when I was playing to raise enough money to pay a bill, but I don't do this anymore. At same time I think it would be hypocrisy from my side to say I'm ok with any amount of money earned from gambling. If it's a small amount I won't be satisfied, because what difference does it make in our life to profit pennies from gambling? Better to risk those pennies in order to win something bigger...

At same time, I'm aware I must respect my limits, so I'm never going to break my initial rule of never spending more than I can afford to lose. So after all, I prefer to end profiting nothing instead of making little profit.